AVA RISK GROUP LIMITED — Director's Dealing 2019

Nov 3, 2019

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Ava Risk Group Limited ABN 67 064 089 318

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	David Lachlan Cronin
Date of last notice	28 May 2019

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest	Pandon Holdings Pte Limited
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevantinterest.	Mr Cronin is a director and shareholder of a
	related party of Pandon Holdings Pte
	Limited.
Date of change	04 November 2019
No. of securities held prior to change	David Cronin
	512,353 fully paid ordinary shares
	Pandon Holdings Pte Limited
	4,850,000 fully paid ordinary shares
	Pandon Holdings Pte Limited (Registered
	Holder Bell Potter Nominees Limited)
	27,100,717 fully paid ordinary shares
Class	Performance Share Rights

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	200,000 Performance Share Rights
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	David Cronin512,353 fully paid ordinary shares200,000 Performance Share RightsPandon Holdings Pte Limited4,850,000 fully paid ordinary sharesPandon Holdings Pte Limited (RegisteredHolder Bell Potter Nominees Limited)27,100,717 fully paid ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Allotment as approved by shareholders atthe Annual General Meeting of the Companyon 31 October 2019.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	Nil
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	No
If so, was prior written clearance provided to allowthe trade to proceed during this period?
If prior written clearance was provided, on whatdate was this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3